Swedish e-commerce cryptocurrency company QuickBit’s profits jump by 60 per cent
QuickBit, a FinTech enabling e-commerce retailer get paid with cryptocurrencies, has got improved its quarterly profit by 60 per cent to £2.42m.
Bitso secures $62m funding round
Mexican crypto exchange Bitso has collected a massive $62m investment in a round led by QED Investors and Kaszek Ventures.
Barclays and Wave carry out first blockchain trade transaction
Barclays has partnered with Fintech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology.
Factom pulls in additional funding to take Series A passed $8m
Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity and a number of local Austin investors joined the extended round.
Opyn said to raise $6.7m in its Series A
Opyn, which enables users to trade options on Ethereum, has reportedly received a $6.7m in its Series A funding round.
KR1 hits £4.5m in profits in the first half of 2019 despite bitcoin volatility
KR1, an investment company focusing on the blockchain ecosystem, has announced it made a profit of £4.5m in the first six months of 2019.
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Blockchain technology developer Clear said to raise $13m in funding
Clear, a blockchain network solution for B2B commerce, has reportedly bagged $13m in its Series A funding round.
Singapore-based TenX bags $80m in token swap
Singapore-based TenX has netted $80m to help with the adoption of blockchain in everyday life.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
